ARC Group WorldWide (ARCW) Earns News Sentiment Rating of -0.05
Headlines about ARC Group WorldWide (NASDAQ:ARCW) have been trending somewhat negative recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ARC Group WorldWide earned a news impact score of -0.05 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 48.0016254680696 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, Zacks Investment Research cut ARC Group WorldWide from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th.
Shares of ARC Group WorldWide (NASDAQ:ARCW) remained flat at $$2.15 during trading on Tuesday. The stock had a trading volume of 8,100 shares, compared to its average volume of 16,359. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.61 and a quick ratio of 0.83. ARC Group WorldWide has a twelve month low of $1.83 and a twelve month high of $4.97.
ARC Group WorldWide (NASDAQ:ARCW) last posted its quarterly earnings results on Monday, November 13th. The technology company reported ($0.16) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.12). ARC Group WorldWide had a negative return on equity of 17.44% and a negative net margin of 18.10%. The firm had revenue of $19.95 million for the quarter. analysts predict that ARC Group WorldWide will post -0.07 earnings per share for the current year.
In related news, Director Jason Taney Young sold 40,289 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $2.35, for a total value of $94,679.15. Following the transaction, the director now directly owns 490,006 shares of the company’s stock, valued at approximately $1,151,514.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.59% of the stock is owned by company insiders.
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About ARC Group WorldWide
ARC Group Worldwide, Inc is a manufacturing company. The Company has two segments: Precision Components Group, 3DMT Group. It provides a set of manufacturing solutions, from design and prototyping through production. Through the Company’s product offering, it provides its customers with a prototyping and production solution for both precision metal and plastic fabrication.
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